Sappi’s Q3 slump reflects a cash squeeze, not the demise of SA’s paper industry
Daily Maverick | 07.08.2026 04:39
The writing was all over the newsprint before Mpact was forced to shut its BM6 coated cartonboard machine at the Springs mill in May. The story goes that global oversupply has allowed foreign competitors to undercut production costs by about 20%, forcing Mpact’s largest customer to switch to imported product.
